All International articles – Page 209
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NewsLondon holds top spot as overseas draw
London maintained its position as the most popular city in the world for international retailers to operate in last year, yet it must work hard to retain the top spot as other territories and ways of expanding attract retailers, according to a CB Richard Ellis report.
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NewsMango sales soar 11% in 2010
Spanish fashion chain Mango said sales rose 11% in 2010 as it eyes international growth.
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Analysis
Tengelmann targets rising number of senior shoppers
A&P, the bankrupt Tengelmann-controlled retailer, is targeting a growing segment of the US population with a special discount scheme for seniors at all its Pathmark stores.
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NewsNew Look holds fire on sale of French chain Mim
New Look founder Tom Singh is believed to have postponed the sale of its French basics chain Mim after kicking off a review of the New Look business.
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NewsFrench renaissance: Marks & spencer returns to paris
Marks & Spencer has confirmed plans to re-enter France, starting with a 15,000 sq ft womenswear and food store on the Champs Élysées, which will open towards the end of this year.
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NewsUS DVD rental business Blockbuster sold to satellite broadcaster
US DVD rental business Blockbuster, which went bankrupt last year, has been bought by US satellite broadcaster Dish Network after it won a $321m (£196m) auction.
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NewsAbercrombie & Fitch predicts rapid sales growth
American casualwear giant Abercrombie & Fitch has forecast its sales will double to $7.5bn (£ 4.6bn) by 2015.
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NewsMarks & Spencer unveils bricks and clicks launch in France
Marks & Spencer is to return to France a decade after shutting its operations in the country.
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News
Deichmann targets 200 stores within 10 years
German shoe retailer Deichmann has said it is targeting 200 stores within 10 years in Turkey, and is making an initial investment of E6m (£5m) to open 20 new stores.Last year the retailer opened 44 stores in 23 Turkish cities. Deichmann Turkey managing director Atilla Ozkul said thatthe chain experienced ...
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News
Clicks Group turnover up 14.7% to £881m
Health and beauty retailer and wholesaler Clicks Group posted a preliminary retail turnover increase of 14.7% year on year to ZAR9.7bn (£881m), and an increase in group turnover of 9% to ZAR13.3bn (£1.2bn) for the first half of its 2010/11 financial year ended February 28.“The results have been driven by ...
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AnalysisMetro Group announces record earnings for 2010
Germany’s Metro Group announced record earnings in 2010, with all banners contributing to this growth.
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NewsKingfisher aims to grow by attracting reluctant DIY-ers
DIY giant Kingfisher is prioritising making DIY easier for customers and continued global expansion as it approaches the next stage of its strategy under boss Ian Cheshire.
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News
Alon Holdings Blue Square
Alon Holdings Blue Square has reported its financial results for the year ended December 31 2010. Revenues soared 25.6% to ILS9.2bn (£1.6bn).The supermarket segment increased revenue by 0.5% from ILS6.9bn (£1.2bn), while the non-food segment had a revenue drop of 5.5%, mainly due to poor homewares sales.Alon Holdings Blue Square ...
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NewsNext to ramp up online and Directory overseas
High street fashion giant Next is to further expand its online and mail order Directory business overseas as it aims to quadruple international sales in the next two years.
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NewsBurberry plots expansion in Saudi Arabia
Luxury British heritage brand Burberry is to enter Saudi Arabia as part of a joint venture with retail group Fawaz Abdulaziz Alhokair.
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News
Cencosud sales up 16.1% to £7.3bn
Cencosud has posted a 16.1% increase in net sales to CLP6.19 trillion (£7.3bn) for 2010, while operating profit reached CLP306.5bn (£364m), as domestic demand recovered from the global financial crisis.Cencosud’s Chilean operations account for 46% of annual revenue, while the remainder comes from its four other South American operations.
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News
Apoteket to roll out 100 vending machines selling non-prescription drugs
Leading pharmacy operator Apoteket expects to roll out about 100 vending machines selling non-prescription drugs and other healthcare items in the first half of 2011.A machine can hold up to 60 products and all will be located at convenience stores, shopping centres and major travel interchanges.Apoteket director of distribution and ...
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News
Deichmann sales up 13% to £58m
Deichmann has filed a 13% increase in sales for the 2010 fiscal year to HUF19.9bn (£58m), with an uplift in volumes from 2.67 million to 3.17 million pairs of shoes.Deichmann currently has 72 stores in Hungary, 11 of which opened last year. This year it plans to open four new ...